The Collaborative International Dictionary of English v.0.48:

Donate \Do"nate\ (d[=o]"n[=a]t), v. t. [imp. & p. p. Donated;
   p. pr. & vb. n. Donating.] [L. donatus, p. p. of donare to
   donate, fr. donum gift, fr. dare to give. See 2d Date.]
   To give; to bestow; to present; as, to donate fifty thousand
   dollars to a college.
   [1913 Webster]

WordNet (r) 3.0 (2006):

donate
    v 1: give to a charity or good cause; "I donated blood to the
         Red Cross for the victims of the earthquake"; "donate money
         to the orphanage"; "She donates to her favorite charity
         every month"